Question
Assignment Accounting 102 Charleston Corporation has the following accounts at December 31: Common Stock, $10 par 7,000 shares issued, $70,000; Paid-in Capital in Excess of
Assignment Accounting 102
Charleston Corporation has the following accounts at December 31: Common Stock, $10 par 7,000 shares issued, $70,000; Paid-in Capital in Excess of Par $10,000; Retained Earnings $45,000; and Treasury StockCommon, 500 shares, $10,000.
Prepare the stockholders' equity section of the balance sheet.
CHARLESTON CORPORATION
Balance Sheet (Partial)
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Intermediate Accounting Reporting and Analysis
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
2nd edition
9781305727557, 1285453824, 9781337116619, 130572755X, 978-1285453828
